The Traderszone Network

Published in TZ Latest News 26 June, 2021 by The TZ Newswire Staff

Peloton’s Big New Move Could Make It a Post-Pandemic Winner

The same millennials and fitness enthusiasts who flocked to Peloton Interactive‘s (NASDAQ: PTON) connected-fitness equipment during the pandemic may be heading back to the gym soon. That puts the company’s spectacular growth at risk, and investors are already wary. That at least partially explains why Peloton’s stock is down 22% year to date as of this writing.

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